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20121222
20121230
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ABC
Dec 26, 2012 5:00pm EST
americans and immediate cuts. some agencies are phages furloughs -- facing furloughs. president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in october. some lost college funds, life savings after funding one of katz' companies. >> it's not just a miss proa
FOX
Dec 21, 2012 5:00pm PST
hawaii president obama issued a stern request to congressional leaders to approve legislation before the end of the year. >> once this legislation has agreed to i expect democrats and republicans to get back to washington and have it pass both chambers. i will immediately sign that legislation into law before january 1st of next year. >> the president was referring to legislation that would prevent a middle class tax hike and would protect unemployment insurance. he spoke after talking by phone with house speaker john boehner and meeting with senate majority leader. >>> the dow industrials dropped 120 points. the nasdaq fell 29. we also saw a number of conflicting economic reports that experts say suggests the economy is not sure where it's going top our consumer editor tom vacar is in san francisco's financial district with some explanations. >> reporter: there are two winds. those that are blowing and the much more important economic cross winds. for the overall economy most critical shopping days are ahead of us. >> i'm very cautious about how i spend now but i can imagine that sp
FOX
Dec 26, 2012 5:00pm PST
d.c. are expecting 600 to 800 thousand victors for president obama's second inauguration. that is far less than the 1.8 people who crowded the washington mall four years ago. the president will be publicly swan sworn in -- sworn in january 21st. the second term officially begins with a private ceremony a day early but that is a sunday. >>> coming up in two minutes as the sierra avalanche center warns about the risks of more slides, our ktvu crew takes a look at the crowds headed up to the sierra. >>> a north end eatery begins to shut down after 35 years in business. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more s
FOX
Dec 27, 2012 5:00pm PST
obama's healthcare law. she rejected a request for an injurisdiction to block the requirement. two companies pseudoclaiming it is against -- sued claiming it is against their belief. they could be fined more than a million dollars a day for ignoring the mandate. >>> thousands of longshoreman are threatening a strike that could cripple every sea port from boston to houston. they will walk off on sunday if a deal can't be reached. the association represents more than 14,000 dock workers at 15 ports. a shut down could cost the economy billions of dollars. a mediator has been working with the two sides. a strike is looming with a few days left. >>> a court set aside $200 million in restitution to wells fargo debt card users. the bank illegally manipulated how it processed mumps to max -- purchases to maximize over draft fees. the court sent the case back to the trial court saying the bank violated state law in the way it notified customers. >>> traffic is being rekrauted to -- rerouted. the no awe -- u.s. national oceanic and atmospheric administration approved vessel lane changes. the
FOX
Dec 28, 2012 5:00pm PST
to expire at the end of the year. president obama is expected to sign the bill, his signature would keep the program in operation for another five years. >>> an australian surfer has lived to tell the tale of a harrowing shark attack. >> they've done an excellent job,. >> reporter: luke alan was shaken but obviously happy to have survived his encounter with a shark. alan was surfing in new south whales. suddenly a shark moved in and alan fought back. >> out of the blue, a bull shark just came up. on the third time he managed to get the board and drive it into the head of the shark. >> alan will have a few reminders of his ordeal. the shark left a bite wound on his thigh and took off one of his index fingers. >>> a new attack is bringing awareness. who they're targeting and what it could mean for your personal information. >> and i'm still tracking some showers on live storm tracker 2. how much rain it will bring to your neighborhood and an early look at your new year's eve newscast. >>> bay area families thrown into limbo by a ban that would ban americans from adopting russian child
ABC
Dec 22, 2012 5:00pm PST
. >> the first family touched down this morning to take part in what's become a obama holiday tradition. >> and taking a look at live doppler 7hd radar, we're seeing breaks in the rain. leigh glaser will have the latest >> the first family is now in hawaii on a christmas vacation. the obamas touched down near honolulu just after the.urged lawmakers to solve the fiscal cliff after the holiday break. president obama said if a deal hasn't been reached he would be returning to washington after christmas. >>> a big political shakeup in egypt as eship sans -- egyptians went to the polls. two top government officials resigned. and the vice-president's departure was expected. he says with his background as a judge, politics doesn't suit him. and state television says egypt's val bank governor has resigned but did not say i would. >> for the first time in 15 years you can get a whopper in france. burger king opened a restaurant at marseille airport. the burger king closed its 39 french restaurants in 1997 because they weren't profitable. burger king plans to open another restaurant in
ABC
Dec 29, 2012 5:00pm PST
obama is confident a deal will be reached. the president said in this weekly address, agreement won't be easy but politics can't get in the way. >> we just can't afford a politically self-inflicted wound to our me. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> ama: top senate republican mitch mcconnell arrived on capitol hill. >> we work hard to see if we can get there in the next 24. i'm hopeful and optimistic. >> ama: senate leaders hope to have a bill to vote on by sunday. the house returns to washington sunday evening and could vote on the senate version. >> ahead, demands for justice in india. a woman dies of a brutal attack there. how the nation is standing up in support of her. >>> also, a lawyer says he is going to sue for millions in the connecticut school tragedy. why he claims he is taking legal action. >>> we did have some sunshine today, and but chilly temperatures, sunshine, and rain >> ama: six men in india could face the death penalty if convict of murder charges filed in a rape case that sparked i
CBS
Dec 27, 2012 5:00pm PST
we go tumbling over the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families maki
CBS
Dec 24, 2012 5:00pm PST
downstream at about 8:30. >>> a last minute gift from president obama brought joy to federal workers today. but cbs 5 reporter grace lee says last minute holiday turned into a headache for people. >> that's right. pretty much everyone there at an international flight today or tomorrow. if you're wondering why they thought a federal office would be open on christmas eve, the reason is it was scheduled to be open. that is why so many people we spoke with were so upset. >> i am real upset because i don't know, we could have done -- at this point i don't know what we can do now, just wait. we have been here since 7:30. my appointment was at 9:00. >> stranded on christmas eve. it was the same story for dozens who were supposed to renew or pick up passports today. some had confirmation numbers scheduled for today, including this man. he is supposed to catch a flight to mexico tomorrow to see his wife and 2-year-old. >> extremely frustrating and disappointing. i am not going to be able to see them. >> the passport agency was supposed to be open today, but in a last minute decision on friday
CBS
Dec 28, 2012 5:00pm PST
, fiscal cliff hanger. >> the hour for immediate action >> here. it is now. >> glor: president obama speaks to the nation after speaking with congressional leaders. reports from major garrett and .ancy cordes. elaine quijano on the family heartbreak after russia's president bans all adoptions to americans. >> we ask president putin, please, can he set an alternate means but don't let me children suffer. >> glor: he met saddam hussein and made it look easy. david martin on the death of general norman schwarzkopf and what the world did not know thout him. and "on the road" with steve hartman as a man tries to save his wife of 56 years. an unusual request that gets a unrprising response. >> got two of them and i only need one. captioning sponsored by cbs
CBS
Dec 21, 2012 5:00pm PST
christmas. tara mergener on the president's parting thoughts. >> reporter: president obama called on house speaker john boehner to come back to the negotiating table to avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> reporter: the house did not even vote on speaker john boehner's proposed plan b because it didn't win enough republican support. >> good morning, everyone. >> reporter: the speaker says the ball is in the president's court. >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating the defense cuts will go into effect in 10 days. >> reporter: his bill would have extended tax rates for households making a million dollars a year. the president put the threshold at $400,000. the white house and democrats here on capitol hill are frustrated that speaker boehner spent the last several days pushing plan b instead of focusing on a bigger compromise. >> nobody can get 100% of what they want and this is not simply a contest between parties in terms of who looks good and
CBS
Dec 26, 2012 5:00pm PST
eunice nearby at a parking lot and today the judge set bail at $2 million. >>> president obama will be on a red eye tonight on air force one of the he is cutting his hawaiian vacation short heading back to washington to deal with, you guessed it the "fiscal cliff." so far, nobody knows if any significant strides towards a compromise have been made. no negotiations have been scheduled. lawmakers now have less than a week to figure out a deal. the senate is due in session tomorrow. the house has no plans to convene. >>> a weak holiday shopping report to blame for today's wall street losses. all three indices down. >>> also not so great, retail sales. mastercard says americans ended up spending just 0.7% more on holiday gifts this year than last. the worst numbers since 2008, all this is a surprise since analysts were expecting up to 4% increase in sales. cbs 5 reporter mike sugerman found the after-christmas sales aren't so hot either, at least at union square. >> reporter: the sales are good. people just aren't buying. i was at union square earlier. the place was empty. not like sagebru
Search Results 0 to 11 of about 12